PKFZ expects lower profits due to global headwinds


Khoo Gek San

Port Klang Free Trade Zone (PKFZ) chairman Lawrence Low says after record turnovers in 2019 and 2020, the logistics sector will be affected by the Russia-Ukraine war and Covid-19 lockdowns in Shanghai. – The Malaysian Insight pic by Afif Abd Halim, May 4, 2022.

THE Port Klang Free Trade Zone (PKFZ) is expected to record a lower turnover this year following the Russia-Ukraine war and Covid-19 lockdowns in Shanghai.

After record turnovers in 2019 and 2020, PKFZ chairman Lawrence Low said that the logistics sector will be affected by these two major issues.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!


Sign up or sign in here to comment.


Comments